Accelerating the adoption of digital assets on blockchain
Anything that can be recorded in binary code and has an ownership is a digital asset. All transactions related to them, including their creation, destruction, changes in ownership, and other logic or future obligations are recorded on a blockchain that act as an immutable record of those assets.
Over the years, banking and financial services have come a long way in digitizing their operations and making payments more real time. However, some challenges still exist:
Today, blockchain technology has emerged as a viable technology for enabling more efficient cross-organizational collaboration, eliminating intermediaries, and creating disruptive business models for financial services institutions – ultimately addressing longstanding challenges.
Wipro’s Digital Asset Platform is built for banking and financial services customers to help with their blockchain adoption. The platform meets institutional finance requirements including security, privacy, reliability, and performance standards.
Solutions under the platform
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